301596 Stock Overview

Engages in the research, development, production, and sale of components for automation equipment, power transmission, and braking systems in China and internationally. More details

301596 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	4/6
Financial Health	5/6
Dividends	0/6

Rewards

Earnings grew by 9.3% over the past year

Risk Analysis

Highly volatile share price over the past 3 months compared to the CN market

My Notes

Capture your thoughts, links and company narrative

Reach Machinery Co., Ltd. Competitors

Ningbo CixingLtd

SZSE:300307

CN¥6.5b

Shanxi Huaxiang Group

SHSE:603112

CN¥5.8b

Zhejiang Changsheng Sliding Bearings

SZSE:300718

CN¥8.0b

Quick Intelligent EquipmentLtd

SHSE:603203

CN¥6.1b

Price History & Performance

Summary of share price highs, lows and changes for Reach Machinery
Historical stock prices
Current Share Price	CN¥103.50
52 Week High	CN¥145.00
52 Week Low	CN¥55.50
Beta	0
1 Month Change	0.019%
3 Month Change	61.77%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	18.90%

Recent updates

Shareholder Returns

	301596	CN Machinery	CN Market
7D	1.0%	-1.5%	-1.0%
1Y	n/a	9.0%	10.8%

Return vs Industry: Insufficient data to determine how 301596 performed against the CN Machinery industry.

Return vs Market: Insufficient data to determine how 301596 performed against the CN Market.

Price Volatility

Is 301596's price volatile compared to industry and market?
301596 volatility
301596 Average Weekly Movement	15.1%
Machinery Industry Average Movement	9.1%
Market Average Movement	8.8%
10% most volatile stocks in CN Market	13.0%
10% least volatile stocks in CN Market	5.8%

Stable Share Price: 301596's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 301596's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

Founded	Employees	CEO	Website
2009	n/a	Xiaorong Lu	www.reachgroup.cn

Reach Machinery Co., Ltd. engages in the research, development, production, and sale of components for automation equipment, power transmission, and braking systems in China and internationally. The company offers precision transmission parts, electromagnetic brakes and clutches, harmonic reducers, couplings, expansion sleeves, and synchro wheels. Its products used in robots, automated production lines, elevators, wind power products, CNC equipment, cranes, tower cranes, electric forklifts, automated three-dimensional parking garages, high-altitude platform vehicles, other automation equipment, and high-end equipment manufacturing fields.

Reach Machinery Co., Ltd. Fundamentals Summary

How do Reach Machinery's earnings and revenue compare to its market cap?
301596 fundamental statistics
Market cap	CN¥5.70b
Earnings (TTM)	CN¥99.56m
Revenue (TTM)	CN¥599.22m

57.3x

P/E Ratio

9.5x

P/S Ratio

Is 301596 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301596 income statement (TTM)
Revenue	CN¥599.22m
Cost of Revenue	CN¥405.63m
Gross Profit	CN¥193.59m
Other Expenses	CN¥94.03m
Earnings	CN¥99.56m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.81
Gross Margin	32.31%
Net Profit Margin	16.61%
Debt/Equity Ratio	8.0%

How did 301596 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 05:33
End of Day Share Price	2024/12/25 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Reach Machinery Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution